- Official languages: Polish.
- Geographical location: it is a country located in Central Europe. Poland is bordered by the Baltic Sea, Russian Kaliningrad Region and Lithuania to the north, Belarus and Ukraine to the east, Slovakia and Czech Republic to the south and Germany to the west.
- Administrative divisions: Pakistan is a federation that comprises four provinces.
- Capital: Warsaw.
- Governance: the Government of Poland takes place in the framework of a unitary semi-presidential representative democratic republic, whereby the President is the head of state and the Prime Minister is the head of government. Executive power is exercised, within the framework of a multi-party system, by the President and the Government, which consists of the Council of Ministers led by the Prime Minister. Legislative power is vested in the two chambers of parliament, Sejm and Senate.
- Population: 38.62 million.
- Currency: Polish złoty.
- GDP: $551.2 billion.
- Time zone: GMT +1.
- Telephone code: +48.
- Barcode: 590.
Trade and economic cooperation between Belarus and Poland
At the end of 2019, the Polish economy maintained moderate, fairly stable growth rates. The growth rate of industrial production (+ 4.2%), the growth rate in the sphere of trade (+ 4.7%), in the construction and installation industry (+ 2.8%) accelerated slightly. The domestic market is developing dynamically.
Poland's GDP in 2019 amounted to 527.8 billion Euros (an increase of 4.0%, in 2018 - 5.1%).
At the end of 2019, the foreign trade turnover of Poland amounted to 469.8 billion Euros. The volume of exports amounted to 235.8 billion Euros (an increase of 5.5%), imports - 234.0 billion Euros (an increase of 2.6%). The surplus amounted to 1.8 billion Euros.
Most of the exports falls on the markets of developed and developing countries - 86.8% (including the EU countries - 81.2%), imports - 67.8% (including the EU countries - 58.9%). The share of Eastern European countries in exports amounted to 4.7%, imports - 5.7%.
The main export partners of Poland are: Germany (27.6%), Czech Republic (6.1%), Great Britain (6.0%), France (5.9%), Italy (4.6%), Russia (3, 1%), USA (2.9%), Sweden (2.8%), Hungary (2.7%). Import partners - Germany (21.8%), China (12.4%), Russia (6.2%), Italy (5.0%), Netherlands (3.7%), France (3.6%), Czech Republic (3.3%), USA (3.1%).
In 2019, the value of the Belarusian-Polish trade turnover amounted to
$ 2,621.0 million compared to $ 2,531.1 million in 2018 (growth rate - 103.6%). The volume of Belarusian exports to Poland amounted to $ 1,291.6 million (96.1%), imports from Poland - $ 1,329.4 million (112.0%). The negative balance amounted to 37.8 million dollars (at the end of 2018, the balance was positive - $ 158.1 million).
In the volume of Belarusian exports, the share of products of the chemical and petrochemical industries is about 41.0%, products of the woodworking industry - 26.7%, sophisticated products - 10.2%, metal products - 6.6%, building materials - 4.7%, agricultural products complex - 3.8%, clothing and textiles - 1.5%.
In 2019, among the trade and economic partners of Belarus, Poland took 5th place in terms of turnover, 5th place in exports and 5th place in import.
According to the results of January 2020, the value of the Belarusian-Polish trade turnover amounted to $ 171.6 million against $ 187.7 million in January 2019 (91.4% from the previous year).
The volume of Belarusian exports to Poland amounted to $ 91.5 million (80.8%), imports from Poland - $ 80.1 million (112.2%). The surplus amounted to $ 11.4 million (as of January 2019 - $ 41.9 million).
In 2019, the turnover of services between Belarus and Poland amounted to $ 456.8 million (96.7% compared to 2018), export of services increased by 1.1% and amounted to $ 255.8 million; import decreased by 8.3% and amounted to $ 201.0 million, the surplus is positive ($ 54.8 million).
Export of transportation services increased by 18.4% to $ 168.4 million, import of transport services increased by 12.1% and amounted to $ 122.0 million. Export of construction services decreased by 39.3% and amounted to $ 39.7 million, import of construction services decreased by 44.2% and amounted to $ 40.3 million. Export of tourism services increased by 14.0% and amounted to $ 4.9 million, imports of tourism services increased by 31.1% and amounted to $ 2.3 million. Exports of computer services increased by 11.3% to $ 8.7 million, imports decreased by 17.3% and amounted to $ 2.7 million. Export of financial services increased 2.8 times to $ 1.2 million, imports increased 1.8 times and amounted to
$ 3.5 million.
In January 2020, the turnover of services between Belarus and Poland amounted to $ 30.9 million (93.1% compared to the same period in 2019), export of services - $ 18.7 million (101.5%), import - $ 12.2 million (82.7%), positive balance ($ 6.5 million).
At the end of 2019 Belarus received $ 10.0 billion from foreign investors ($ 10.8 billion for the same period of 2018).
Poland took fourth place (after Russia, the UK and Cyprus) with an indicator of $ 440.8 million (growth rate of 99.0%). FDI received - $ 350.8 million ($ 431.6 million for 2018), on a net basis - $ 21.2 million dollars ($ 40.9 million), other - $ 90.0 million ($ 13.7 million).
Belarus invested $ 76.1 million in Poland in 2019 ($ 25.5 million in 2018), including $ 75.1 million of direct investment.
As of January 1, 2019, Belarus had 345 enterprises with Polish capital (207 joint ventures, 138 foreign).
Belarus invested $ 76.1 million in Poland in 2019 ($ 25.5 million in 2018).
Currently, there are 15 TPN entities, representative offices, dealers and large importers of Belarusian enterprises in Poland: BNX-Oil Polska (Belneftekhim concern), Beloil Polska (RUE Belorusneft and BNK CJSC), Polmark-Kielce (BelAZ dealer), MTZ Belarus Tractor, MAZ Avto Poland, Orsha Polska (RUE Orshansky Flax Mill), KTsM Polska (Krasnoselsk Building Materials), Aurepio and Hemagrotrade (importers of potash fertilizers), Atlant-Service (dealer of Atlant CJSC), Conte Polska (Conte-SPA), agency of the Belarusian Railways and Belavia, BLK Trading (SE Belarusian Forest Company), Poland's Polesie (Polesie Ltd.).
This article has been prepared on the basis of information provided by the National Centre for Marketing and Price Study of the Ministry of Foreign Affairs, and the Embassy of the Republic of Belarus in the Republic of Poland, and taken from public sources. The information presented herein is for informative purposes only. In this regard, it may be useful for the companies, which have been working in Poland for a long time, as well as for those, which are going to enter this market. Any questions, feedbacks and comments concerning this article are welcome. All of them will be fully considered and taken into account, if possible. If you have any information that may be interesting and useful for the visitors of this page, please write to us.
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